This exceptional investment opportunity presents a fee-simple ownership of a 4,200 square foot, Class A, single-tenant retail property in Kernersville, North Carolina. The property, built in 2022, is a newly constructed, free-standing building leased to Heartland Dental, the largest dental support organization in the United States, boasting over 1,700 locations and exceeding $3 billion in 2023 revenue. The 10-year net lease (NN) features a corporate guarantee, providing significant security and minimal landlord responsibilities. The lease commenced April 28, 2022, and has eight years remaining, with four five-year renewal options, each including a 10% rent increase. The current annual net operating income (NOI) is $159,544, representing a 6.00% cap rate on the $2,659,000 asking price. Situated on a 0.72-acre lot at 1472 Jag Branch Blvd, Kernersville, NC 27284, the property benefits from a high-traffic location on Union Cross Road (21,000 AADT), with close proximity to I-40 (67,500 AADT). The strategic location is further enhanced by its proximity to over 900 apartments, including three large complexes under construction or recently completed, providing a substantial built-in customer base. The surrounding area boasts over 277,000 square feet of retail space within a one-mile radius, exhibiting a low 1.4% vacancy rate. This property offers a compelling combination of strong tenant credit, attractive lease terms, and a prime location in a high-growth area of the Triad region, making it an ideal investment for discerning buyers.
Highlights
Net lease with minimal landlord responsibilities.
Corporate guarantee from Heartland Dental, a leading dental support organization with over 1,700 locations and over $3 billion in 2023 revenue.
10% rent increases every 5 years, including option periods.
New construction with transferable warranties, built to tenant specifications.
Excellent location near over 900 apartments, including three large complexes.
High-traffic retail corridor; 21,000 AADT on Union Cross Rd, near I-40 (67,500 AADT), and over 277,000 SF of retail within 1 mile (1.4% vacancy).
Property Details
for 1472 Jag Br Blvd
Property type
Retail properties, Medical offices
Square Feet
4,200 SF
Class
A
Year Built
2022
Buildings
1
Stories
1
Lot Size (sq. ft)
31,363 SF
Location Insight
City
Kernersville
County
Forsyth
State
North Carolina
Latitude
36.08003961
Longitude
-80.10648854
1472 Jag Br Blvd, Kernersville, North Carolina
Nearby Similar for Sale
For Sale
$750,000
Kernersville Restaurant - Great Location!
Prime Kernersville restaurant, office, or medical space. High-traffic area.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1472 Jag Br Blvd, Kernersville, North Carolina, 27284
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.